My situation is pretty messy due to heavy day trade in Robinhood.
In 2017 I had heavily day traded a penny stock and because of wash sale rule, I ended up paying $6000 for the wash loss disallowed amount for the tax year 2017. At that time my plan was to sell everything in 2018 and deduct above amount from the 'gain' in 2018 if there any.
I kept day trading the same stock and sold everything in June 2018 and never bought back any share as of today.
However from the 2018 1099B I still have wash sale loss disallowed for $17,000 and a 'loss' of $7000 for the same stock in 2018... so again I will have to pay the difference because the wash sale rule even though I am at loss...
I am quite confused about the disallowed amount again because I have sold everything in June and never bought back after that... And if I don't claim the wash sale disallowed amount this year how can I claim it back next year as I don't have the shares no more?
So How should I claim my wash sale disallowed amount back in this case? How much do I actually need to pay?
Any idea is well appreciated!
